Boutique Childcare Investment – Sydney’s Inner West

51 Crieff Street , Ashbury NSW

Property Highlights

15 year lease

4% pa increases

Highly populated area

Description

For Sale

15 year lease to 2031 + option to 2036
24 primary schools within 3 km radius of the centre
Highly populated, 143,490 residents within 8 min. drive
Ashbury Kidz Academy is a build for purpose boutique centre with a history of high occupancy and has a waiting list
Nestled in the picturesque tree lined streets of the Sydney’s Inner West
Highly exposed corner location close to many parklands, Canterbury markets and racecourse just 12 km west of Sydney CBD
Modern building offering excellent income tax depreciation allowances
Attractive annual rent increases: min.4% + Market Reviews to ensure rent can’t go down
Net lease, tenant pays all usual outgoings as per lease including management fees

Net Income: $175,479 pa + GST (Sept 19)

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
652 Squaremeter
Gross Building Area
310 Squaremeter

Contact Agent

Michael Vanstone

+610 403 580528

Request Information

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